cwn6161, thank you so much for your answers.....you made my day....
i posting a picture of chart to see if i understand the names and lingo you guys speak. My enlish is not best..
am i even close?
sandra
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Sandra wrote:Wow! Im 1 for 1! thanks cwn6161,
now is it wrong to put chart like this, and if i see right go long at break out of last cc...because close was above bottom of momo?
im excited!
sandra
I'd be careful with that. Remember that price likes to move in waves of momo and non momo. Unless you're scalping (or looking to touch a zline), do you really want to trade in the opposite direction of that big candle?
These are just my 2 cents... this is all discretionary in the end. Sometimes you may see a sign of a reversal before you see long momo. I'm in the same boat as you - experimenting and learning.
Longer time rules over shorter?
Is it wrong to trade to 50% line.
you guys are great
Sandra
Is it wrong to trade to 50% line.
you guys are great
Sandra
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Last edited by Sandra on Wed Jan 05, 2011 8:21 pm, edited 1 time in total.
- newark18
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Sandra wrote:Longer time rules over shorter?
Is it wrong to trade to 50% line.
you guys are great
Sandra
Sandra, a few words of advice: if you make your charts look nice and cute and flirt a little around here with the right people, you might be the type of help that you need.
Just kidding MO, I think you are the best (but I couldn't help but make some fun).
Failure is an opportunity to learn.
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